Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC – Get Free Report)’s stock price reached a new 52-week high on Monday. The stock traded as high as $20.16 and last traded at $20.1430, with a volume of 2,091,746 shares changing hands. The stock had previously closed at $20.11.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Down 0.3%
The stock’s fifty day moving average is $19.12 and its two-hundred day moving average is $17.98.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of PDBC. Janney Montgomery Scott LLC lifted its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 5,827.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 829,660 shares of the exchange traded fund’s stock valued at $14,370,000 after purchasing an additional 815,663 shares during the last quarter. Advisortrust Partners LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the first quarter worth approximately $12,448,000. Tidal Investments LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 22.4% during the second quarter. Tidal Investments LLC now owns 2,587,034 shares of the exchange traded fund’s stock worth $41,082,000 after buying an additional 473,522 shares during the last quarter. Stonehearth Capital Management LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the third quarter worth approximately $7,371,000. Finally, Hsbc Holdings PLC raised its stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 54.5% in the first quarter. Hsbc Holdings PLC now owns 1,021,000 shares of the exchange traded fund’s stock valued at $17,684,000 after buying an additional 360,000 shares during the period.
About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.
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